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Oct 6, 2012
10/12
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when you put machine up against ronald reagan. they will fail because it is ronald reagan. let mitt romney have his moment and applaud him and not try to tie him to the past but look to the future. >> why do people say you need that phrase and sentence in a debate that can be remembered for people going forward for the generation toz come. why do you have to have that pivotal moment. >> they are the game changer. whether the age issue with mondale there you go again . are you better off today than you are four years ago in great moments. different time and place that we are in than we were back in 1980 even though there are many similarities. society is different today than it was back in the 1980s. and so we have to change and understand it from that view point. >> let me ask you going forward, what are your expectations as mitt romney prepares for his next big face off with the president? >> he can't have a down moment. i think what happened we see it in the polls. you see the polls change things are getting closer and mitt romney is in the lead. people saw them for the f
when you put machine up against ronald reagan. they will fail because it is ronald reagan. let mitt romney have his moment and applaud him and not try to tie him to the past but look to the future. >> why do people say you need that phrase and sentence in a debate that can be remembered for people going forward for the generation toz come. why do you have to have that pivotal moment. >> they are the game changer. whether the age issue with mondale there you go again . are you better...
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Oct 12, 2012
10/12
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CNBC
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. >> look at what ronald reagan and tip o'neill did, they worked together out of a framework to lower tax rates and broaden the base, and they worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forgo about $1.1 trillion in loopholes and deduck haddions. what we're saying is deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of taxation. >> can i translate? >> we can lower tax rates across the board. here's why i'm saying this. what we're saying -- >> i hope i get time to respond to this. >> you'll get time. >> we want to work with the congress on how best to achieve this. that means successful. >> no specifics again. >> what we're saying is lower tax rates 20%, start with the wealthy, work with congress to do it. >> you guarantee this math will add up. >> six studies have verified that this math adds up. >> vice president biden. >> look -- >> let me translate. let me have a chance to translate. >> i'll come back in a sec
. >> look at what ronald reagan and tip o'neill did, they worked together out of a framework to lower tax rates and broaden the base, and they worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forgo about $1.1 trillion in loopholes and deduck haddions. what we're saying is deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base...
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Oct 6, 2012
10/12
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in fact, you know, the unemployment rate for ronald reagan was higher and the unemployment rate for the president. >> well, it went to 10.8, i believe... and i mean, if you are saying that ronald reagan inherited a worse economy. >> gregg: he did. >> i don't know how you can make the argument. >> gregg: are you kidding. >> we lost 800,000 jobs. >> gregg: unemployment was higher, inflation was higher and interest rates were higher. >> in twa2009, january we lost 741,000 jobs and if that trend continued, we almost had a second great depression... >> gregg: i hear you. i hear you. justin, a lot of folks are afraid to invest in the stock market. interest rates are so incredibly low, the opposite of what ronald reagan had and, you can't really invest in cd's and money market account and that is not keeping up with inflation. and that left americans with, you know, stagnant savings account and diminished personal wealth and that is an important election factor, too? >> well, especially, it is an important election factor, especially here in the state of florida, we have a large number of seni
in fact, you know, the unemployment rate for ronald reagan was higher and the unemployment rate for the president. >> well, it went to 10.8, i believe... and i mean, if you are saying that ronald reagan inherited a worse economy. >> gregg: he did. >> i don't know how you can make the argument. >> gregg: are you kidding. >> we lost 800,000 jobs. >> gregg: unemployment was higher, inflation was higher and interest rates were higher. >> in twa2009, january...
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Oct 12, 2012
10/12
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CNNW
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to work with congress, that means specifically. >> no specific. >> what we're saying is lower tax rates 20%. >> and you guarantee this math will add up. >> six studies have guaranteed and said this math adds up. >> let me translate. >> i'll come back in a second, right? >> i was there when ronald reagan you gave tax rates, he gave specifics of what he would cut in terms of taxan expenditures. 90% of small businesses in america make less than 250,000. let me tell you who other small businesses are. hedge funds, that make $600, $800 million a year. that will count as small b
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to...
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Oct 12, 2012
10/12
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>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the board. what we are saying -- >> i hope i get time to respond-- >>> you will get time. >> we want to work with congress on how best to achieve this. >> martha: no specifics? >> lower tax rates 20%, start with the wealthy. work with congress to do it? >> martha: you guarantee this math will add up. >> six studies have guaranteed and verified. >> martha: vice-president -- [overlapping dialogue] >> let me translate. let me have a chance to translate. >> first of all, i was there when ronald reagan tax rates and he gave specifics of what he was going to cut, number 1 nterms of tax expen
>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the...
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Oct 12, 2012
10/12
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across the board. here's why i'm saying this. >> i hope i'm getting a timed response. >> you'll get time. >> we want to work with congress on how best to achieve this. that means successful -- >> no specifics, again. >> what we're saying is lower tax rates 20%. start with the wealthy. work with congress. >> can you guarantee this math will add up? >> absolutely. >> six study advisory guaranteed. six study advisory verified this math adds up. >> vice president biden. vice president biden. >> let me translate. let me have a chance to translate. >> i'll come back in a second then, right? >> i was there when ronald reagan -- he gave specifics to what he was going to cut, number one, in terms of tax expendit
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across the board. here's why i'm saying this. >> i hope i'm getting a timed response. >> you'll get time. >> we want to work with...
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Oct 12, 2012
10/12
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>> first of all, i was there when ronald reagan was there. he gave specifics of what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small businesses in america make less than $250,000. let me tell you who some of those other small businesses, hedge funds that make $600, $800 million a year. they dhunt as small business. let's look at how sincere they are. governor romney on "60 minutes" about ten days ago was asked, governor, you pay 14% on $20 million. someone making $50,000 paid more than that. do you think that's fair? he said oh, yes, that's fair. that's fair. and they're going to talk -- you think these guys are going to go out there and cut those loopholes? the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. now, the reason why. aei study, the american enterprise institute study, the tall policy center study, the reason they say taxes are going up on the middle class, the only way you can find $5 trillion in loopholes is cut the
>> first of all, i was there when ronald reagan was there. he gave specifics of what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small businesses in america make less than $250,000. let me tell you who some of those other small businesses, hedge funds that make $600, $800 million a year. they dhunt as small business. let's look at how sincere they are. governor romney on "60 minutes" about ten days ago was asked, governor, you pay 14% on...
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Oct 12, 2012
10/12
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CNN
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. and they worked together to fix that. what we're saying is, here's our framework, lower taxerates about 20%. we forego about 1.1 trillion in loopholes and deductions. whoa we're saying is deny those loopholes and deductions to higher income taxpayers to more of their income is taxed. so we can lower tax rates across the board. here's why i'm saying this. >> i hope i'm going to get time to respond to this one. >> you'll get time. >> we want to work with congress on how to achieve this. >> no specifics? >> lower tax rates 20%. start with the wealthy. work with congress to do it. >> you guarantee this math will add up? >> six studies have guaranteed. six study have verified this math adds up. >> let me have a chance to translate. i was there when ronald reagan gave specifics on what he would cut. number two, 97% of small businesses in america make less than $250,000. let me tell you who some of the small businesses are. hedge
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. and they worked together to fix that. what we're saying is, here's our framework, lower taxerates about 20%. we forego about 1.1 trillion in loopholes and deductions. whoa we're saying is deny those loopholes and deductions to higher income taxpayers to more of their income is taxed. so we can lower tax rates across the board. here's why i'm saying this. >> i hope i'm...
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Oct 12, 2012
10/12
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KPIX
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>> first of all, i was there with ronald reagan. he gave specific to what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small business in america pay less than-- make less than $250,000. let me teal you who some of other small businesses are, hedge funds that make 600, 800 million a year. that's who they count as small business because they're pass-through. let's look at how sincere they e.e. governor romney on "60 minutes--" i guess it was about 10 days ago-- was asked, governor you pay 14% on $20 million. someone making $50,000 pays more than that. do you think that's fair? he said oh, yes, that's they are, that's fair. and they're going-- you think these guys are going to go out there and cut those loopholes. the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. there's not enough it's reason why the a.a.i. study, the american enterprise institute study, the tax policy study, the reason they say taxes will go up on the mid
>> first of all, i was there with ronald reagan. he gave specific to what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small business in america pay less than-- make less than $250,000. let me teal you who some of other small businesses are, hedge funds that make 600, 800 million a year. that's who they count as small business because they're pass-through. let's look at how sincere they e.e. governor romney on "60 minutes--" i guess it...
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Oct 12, 2012
10/12
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biden: ronald reagan gave specifics to what he was going to cut, number one. number two, 97% of the small businesses in america pay less -- make less than $250,000. let me tell you who some of those other small businesses are, hedge funds that make six, eight hundred million dollars a year. what they count as small business because they're pass-through. let's look at how sincere they are. ronald -- i mean, excuse me, governor romney on "60 minutes," i guess it was about ten days ago was asked, golf, you pay 14% on $20 million. some are making $50,000 pay more than that. do you think that's fair? he said, oh, yes, that's fair. and they're going to talk -- you think these guys are going to go out there and cut those loopholes? the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. now, there's not enough -- the reason why the aei study, the american enterprise institute study, the tax policy center study, the reason they all say it's going to go up on the middle class, the only way you can find
biden: ronald reagan gave specifics to what he was going to cut, number one. number two, 97% of the small businesses in america pay less -- make less than $250,000. let me tell you who some of those other small businesses are, hedge funds that make six, eight hundred million dollars a year. what they count as small business because they're pass-through. let's look at how sincere they are. ronald -- i mean, excuse me, governor romney on "60 minutes," i guess it was about ten days ago...
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Oct 12, 2012
10/12
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FBC
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look at ronald reagan, it gets right down to it, these horrible tragedies occur -- neil: you don't think it is an issue that drives and -- [talking over each other] >> let's get to the bottom of the facts. neil: senator, maybe you can enlighten me. when vice president biden was talking about those of the upper income, those earning a million dollars or more, the party has argued it is the 250,000-dollar threshold. the vice president just raise that? >> you referred to both because both have been debating and voting on the senate. but the position of the administration, which biden said clearly, turning the paul ryan, why won't you a least let us preserve the middle class tax cuts for those making under $250,000. neil: he kept mentioning 1 million. >> there were several illustrations there. neil: so was he talking about the change of the administration? >> i don't think so. we voted on both plants. the most recent preserve the tax cut for those -- neil: so it's not a million comments 250,000? >> i still do. i still think so. the republican filibuster stopped us from preserving these middl
look at ronald reagan, it gets right down to it, these horrible tragedies occur -- neil: you don't think it is an issue that drives and -- [talking over each other] >> let's get to the bottom of the facts. neil: senator, maybe you can enlighten me. when vice president biden was talking about those of the upper income, those earning a million dollars or more, the party has argued it is the 250,000-dollar threshold. the vice president just raise that? >> you referred to both because...
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Oct 12, 2012
10/12
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and ronald reagan didn't go to war with the soviets. he actually was the one that convinced the soviets that it was pointless to go to war with us. to try to out build us. the real issue here is how credible is the united states going to be? if you want to position -- pivot to asia and cut the defense budget you tell me how those to add that because i can't figure it out. >> let me figure -- follow up on a ram point and ask both of you what should be the ultimate subjective of iran be quick should it be a nonnuclear iran? should be regime change? can we live with his government in iran if it is not pursuing a nuclear weapon? >> the president said that he would not accept iran with a nuclear weapon and there a lot of other issues on the agenda with iran, supporting international terrorism, cracking down on his people and the issues we are most focused on. among many it is the nuclear issue and preventing iran from having a nuclear weapon. now the governor has taken a multitude of positions on my red including agreeing with the president
and ronald reagan didn't go to war with the soviets. he actually was the one that convinced the soviets that it was pointless to go to war with us. to try to out build us. the real issue here is how credible is the united states going to be? if you want to position -- pivot to asia and cut the defense budget you tell me how those to add that because i can't figure it out. >> let me figure -- follow up on a ram point and ask both of you what should be the ultimate subjective of iran be...